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Nauticus Robotics(KITT) - 2025 Q2 - Earnings Call Presentation
2025-08-12 14:00
Financial Performance - Nauticus' current revenue forecast indicates sequential growth[10] - Year-over-year customer diversification increased by 200%[11] - Nauticus generated a $1.6 million increase in revenues year-over-year[11] - The company's net loss attributable to common stockholders (GAAP) for the six months ended June 30, 2025, was $(15,021,363)[23] Operational Highlights - An ROV completed its project on a drill ship and moved to the U S Northeast Coast for offshore windfarm inspections[12] - A second ROV completed projects for nine different customers off the U S Gulf Coast[12] - Aquanaut Vehicle 2 completed operational readiness and is ready to work on the Gulf Coast vessel[12] Market Opportunities - The offshore oil & gas AUV/ROV market is projected to grow from $1 72 billion in 2023 to $2 13 billion in 2030[9] - The offshore wind AUV/ROV market is projected to grow from $0 58 billion in 2023 to $1 52 billion in 2030[9] - The military & defense AUV/ROV market was $2 12 billion in 2023 and is projected to reach $2 83 billion in 2030[9] - The port management AUV/ROV market is projected to grow from $1 12 billion in 2023 to $1 32 billion in 2030[9]
Nauticus Robotics Reports Strong Start to 2025
Prnewswire· 2025-05-14 23:39
Core Insights - Nauticus Robotics, Inc. reported a strategic acquisition of SeaTrepid International LLC, enhancing operational capabilities and accelerating the deployment of its autonomy software, ToolKITT [2][3] - The company aims to exceed its full-year 2024 revenue during the first half of 2025, driven by strong momentum in the offshore season [2] - Nauticus's financial results for Q1 2025 showed a revenue of $0.2 million, a decrease from $0.5 million in the same period last year [7] Strategic Acquisition - The acquisition of SeaTrepid for $14.4 million included substantially all assets and select liabilities, positioning Nauticus for innovation and scale in subsea robotics [3] - The integration of SeaTrepid's ROV fleet with Nauticus's autonomy software is expected to unlock new commercial opportunities in the offshore services market [3][14] Operational Milestones - Nauticus launched the 2025 Gulf Coast offshore season with significant activity, including advancements in next-generation technology and electric manipulators designed for ROVs and Aquanaut vehicles [4][5] - The company is preparing a commercial-ready release of software for work-class ROVs, indicating progress in its technological capabilities [4] Customer Demand and Market Outlook - The market response to Nauticus's expanded service offerings has been positive, with customers showing increased openness to autonomous solutions [6] - The company is well-positioned for a standout 2025, with strong demand and innovative products [6] Financial Highlights - Nauticus reported an adjusted net loss of $6.6 million for Q1 2025, compared to $6.4 million in the same period last year [10] - The net loss for the first quarter was $7.6 million, significantly improved from a net loss of $72.8 million in Q1 2024 [11] - Operating expenses totaled $6.0 million, reflecting a slight increase from the prior-year period [9] Balance Sheet and Liquidity - As of March 31, 2025, Nauticus had cash and cash equivalents of $10.1 million, a significant increase from $1.2 million at the end of 2024 [12] - The company raised $19.4 million through At The Market offerings, issuing nearly 7.5 million shares [12]
Nauticus Robotics(KITT) - Prospectus(update)
2023-04-11 21:10
As filed with the U.S. Securities and Exchange Commission on April 11, 2023 Registration No. 333-267375 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ NAUTICUS ROBOTICS, INC. (Exact Name of Registrant as Specified in its Charter) _____________________________ | Delaware | 3569 | 85-1699753 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industria ...
Nauticus Robotics(KITT) - Prospectus(update)
2023-03-10 02:41
As filed with the U.S. Securities and Exchange Commission on March 9, 2023 Registration No. 333-267375 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ NAUTICUS ROBOTICS, INC. Nicolaus Radford Director and Chief Executive Officer Nauticus Robotics, Inc. 17146 Feathercraft Lane, Suite 450 Webster, TX 77598 (281) 942-9069 (Name, Address, Including Zip Code, and Telephone Number ...
Nauticus Robotics(KITT) - Prospectus(update)
2023-02-03 22:26
As filed with the U.S. Securities and Exchange Commission on February 3, 2023 Registration No. 333-267375 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ NAUTICUS ROBOTICS, INC. (Exact Name of Registrant as Specified in its Charter) _____________________________ | Delaware | 3569 | 85-1699753 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industr ...